The retail industry isn’t just about product sales. It also offers opportunities for good pay and job growth.
Nancy C. Kyle, president and CEO for the Retail Merchants Association of New Hampshire, detailed the many benefits that retail jobs offer in a recent article on the Nashua (N.H.) Telegraph’s website.
Kyle cited a recent report highlighting economic contributions that the retail industry should get more credit for. Here are four ways retail provides good jobs:
- Retail has a variety of jobs that require advanced education and provide comparable pay. In New Hampshire, retail employees between ages of 25 to 44 without a college degree get better paying jobs than those in the manufacturing sector. People can make quite a bit of money in retail. The highest-paid employees typically work for commission.
- Retail provides more opportunities for part-time work, which is often preferred by many people such as students, retirees or those who need a work schedule compatible with family obligations.
- Retail provides job opportunities for teens; more than one-third of retail employees in New Hampshire are between 16 to 18 years old.
- Retail draws in tourists who spend money in other area businesses, such as hotels and gas stations.
As technology becomes more sophisticated, retailers are hiring people with higher levels of education. Retail is also a great place to start and move up. The skills and experience are transferable from one retailer to another. With $3.1 trillion in revenue a year, there is money to be made in retail.
Source: Nashua (N.H.) Telegraph, June 2012